Reviewing Renewable Energy Use in Efficient Industrial Operations
VerifiedAdded on 2023/04/04
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Literature Review
AI Summary
This literature review examines the potential of using renewable energy resources to manage high-efficiency, low-cost industrial operations. It addresses the research question of whether renewable energy can effectively power such operations, considering the industrial sector's significant energy consumption and carbon emissions. The review explores the adoption of green technologies like onsite renewable energy generation and Power Purchase Agreements (PPAs) by industries aiming for sustainability. It highlights the economic advantages of PPAs, with examples of leading companies investing in renewable energy. The review also identifies challenges such as equipment costs and power intermittency and emphasizes the need for energy flexibility and optimization strategies. Ultimately, the research aims to address the gap in existing literature regarding the specific application of renewable energy in highly efficient and cost-effective industrial settings, providing valuable insights for manufacturers seeking sustainable energy solutions. Desklib provides access to this and many other solved assignments for students.
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